Sensex slips 271 pts led by realty, metals

Mumbai, Feb 4 (PTI) The Bombay Stock Exchange benchmark
Sensex Thursday slid 271 points on heavy selling by funds in
blue-chips led by realty and metals amid weak global trend and
rising inflation on the domestic front.

The Sensex closed lower by 271.10 points at 16,224.95. It
recorded the day's lowest level of 16,188.80 during intra-day.
trade.
Realty, metal and capital goods shares were battered.
The National Stock Exchange index Nifty also declined
86.50 points to 4,845.35.
Marketmen said a weak Asian trend and lower opening in
Europe partly influenced trading sentiments.
Rising food inflation also weighed heavily on the
sentiment. Inflation crossed 17.56 per cent for the week
ended January 23 from 17.40 per cent.
Fear of NTPC's FPO not living up to expectation also
dented sentiments, brokers said. PTI RS